Market Research Report
Food Robotics Market by Type, by Payload, by Application - Global Opportunity Analysis and Industry Forecast, 2017-2023
|Published by||Allied Market Research||Product code||529377|
|Published||Content info||220 Pages
Delivery time: 2-3 business days
|Food Robotics Market by Type, by Payload, by Application - Global Opportunity Analysis and Industry Forecast, 2017-2023|
|Published: June 1, 2017||Content info: 220 Pages||
The global food robotics market is expected to reach $3,612 million by 2023, from $1,535 million in 2016, registering a CAGR of 13.0% during the forecast period. Various technological advancements across numerous sectors has brought the fiction robots to reality. Increase in demand for enhanced productivity augments the deployment of robots to automate the tasks. This results in robots being an integral part of these industries.
Increase in demand for packaged food predominantly drives the market. Globally, the demand for packaged food is anticipated to increase at a moderate rate during the forecast period. This is expected to surge the demand for food robotics in the near future. In addition, the increase in food safety regulations is expected to boost the demand for food robotics during the analysis period.
The report segments the global food robotics market based on type, payload, application, and geography. Based on type, the market is divided into articulated, cartesian, scara, parallel, cylindrical, collaborative, and others. On the basis of payload, it is classified into low, medium, and high. The application areas of the industry are broadly classified into palletizing, packaging, repackaging, pick & place, processing, and others. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global food robotics market till 2023.
The prominent players in the global food robotics market have strategically focused on product launch as their key strategy to gain significant share in the market.
The key players profiled in the report are
Mitsubishi Electric Corporation
Rockwell Automation Incorporated
Kawasaki Heavy Industries Ltd.
Yaskawa Electric Corporation
Seiko Epson Corporation
Staubli International AG
Universal Robotics A/S
Other players in the value chain, include